Angel Studios vs Reading International
Angel Studios is the larger business, with $322m of revenue in fiscal 2025 against $203m for Reading International (1.6 times as much). Angel Studios grew faster (233.2% against -3.6%). Reading International kept more of each dollar of sales as profit: a net margin of -7.0% against -53.0%.
| Latest fiscal year | Angel StudiosANGX, 2025 | Reading InternationalRDI, 2025 |
|---|---|---|
| Revenue | $322m | $203m |
| Revenue growth | 233.2% | -3.6% |
| Net income | −$170m | −$14.1m |
| Operating margin | -51.0% | — |
| Net margin | -53.0% | -7.0% |
| Return on equity | — | — |
| Free cash flow | — | −$2.9m |
| Cash | $44.1m | $10.5m |
| Total debt | $101m | $221m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $437,791 | — |
| Employees | — | — |
| Market value | $654m | $39.3m |
| Price vs our value range | — | — |
| Moat score | — | 28 (Weak) |
| Insider trades, 12 months | 12 buys, 0 sales | 0 buys, 0 sales |